For Singaporeans

Proof Of IdentityPlease bring along your NRIC when you apply for your loan

If you have lost your NRIC, please provide one alternative legal photo ID like your Driving License, 11B or Passport.

Please also bring along your ICA receipt together with a copy of a police report as proof.

Proof of Employment

We require proof of employment, which can include the following:

1. CPF Statement - You can print this in our office by using your SingPass2. Pay Slip - Pay Slip is required as proof of salary above $5,0003. Bank Statement - As proof of salary credited into your account4. Employment Contract - Permissible if you have just started work5. Any other valid documentary proof of your salary not stated here

Caps that Apply to Unsecured Loans from All Licensed Moneylenders Combined

Additionally, there are caps that apply to loans from all licensed moneylenders combined.

For Singaporeans, if your annual income is:

Less than $20,000 a year - You can borrow up to $3,000

At least $20,000 a year - You can borrow up to 6 times your monthly income

For foreigners residing in Singapore, if your annual income is:

Less than $10,000 a year - You can borrow up to $500

At least $10,000 a year and less than $20,000 a year - You can borrow up to $3,000

At least $20,000 a year - You can borrow up to 6 times your monthly income

Please note that the above caps apply to unsecured loans from all licensed moneylenders combined.

We would however like to remind you to borrow responsibly.

Although moneylenders usually set a lower qualifying benchmark for loan approvals and a shorter approving timeframe in comparison to local banks, interest rates are typically charged on a monthly basis from 1-4% per month and a processing fee of up to 10% of your loan amount.

As such it is recommended that you do your sums prudently and borrow strictly for necessity.

If you are unable to repay the full amount on the due date, you may want to request for an extension of the loan by contacting our loan officers via phone and we will set up alternative payment arrangements.

We treat all our customer's personal data with the highest levels of confidentiality. All personal information is strictly confidential and will never be disclosed to any third parties for any marketing purpose unless it is specifically for the purpose of the loan that you have applied for.